China’s central bank resumes gold purchases

By X-blogger - on December 9, 2024

China’s central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People’s Bank of China showed. The PBOC was the world’s largest official sector buyer of gold in 2023.

The Gold-Dollar price remained largely unchanged in the last session. The RSI is giving a negative signal.
Support: 2583.5 | Resistance: 2679.7

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